22 September 2021 Overnight, Chinese President Xi Jinping announced to the United Nations General Assembly that China “will not build new coal-fired power projects abroad”. The statement follows similar announcements made earlier this year by Japan and South Korea. Since 2013, 65% of global public finance for coal power stations … Read More
Mineral Commodities Ltd chairman accuses a South African proxy holder of abandoning his country at AGM
Mineral Commodities Limited (MRC) is a company listed on the Australian Stock Exchange, which operates in Australia, South Africa and Iran. It’s currently planning to mine titanium along a 22km stretch of South Africa’s eastern Wild Coast. The Amadiba Crisis Committee (ACC) is a community-led initiative in the Xolobeni region … Read More
“If the benchmark is 1.5ºC we should measure ourselves against it” says Alumina chairman
23 May 2019 Alumina Limited is one of Australia’s top ASX-listed mining companies. As its name suggests, the company focuses on alumina, the material refined from bauxite and used for aluminium production. Australia is the second largest alumina producer in the world. Aluminium is used to make cars, building … Read More
Nothing explosive about Orica’s climate disclosures
Orica provide explosives, blasting and tunnelling services to the mining, oil and gas, and construction industries. Unlike some of its industry peers, Orica’s published reports do give shareholders some sense of reality: the company accepts the science of climate change, recognises the need for scenario analysis, and this year began … Read More
Evolution Mining doesn’t apply gold standard to climate risk disclosure
22 November 2018 Evolution Mining is a gold mining company with operations mainly in Queensland and Western Australia. The gold miner scored dismally low in our latest Investing in the Dark research released in August. The company has not: clearly acknowledged the science of climate change considered climate change as a … Read More
Newcrest Mining confused about its own climate risks
14 November 2018 “Newcrest is not a political party so it doesn’t necessarily take a position on whether the Paris accord is a good idea or a bad idea,” said Peter Hay, chairman of Newcrest Mining, at the company’s annual general meeting yesterday. “It’s up to the Australian people to … Read More